As part of a fresh raise from a current investor, India’s Zomato has notched $150 million in funding. The total valuation of the FoodTech unicorn stands at approximately $3 billion after the funding, according to unnamed sources cited in a report. Get the Full Story...
After Bed Bath & Beyond Inc. pulled its year forecast following its missed Q3 estimates, the home goods retailer’s stock fell to its lowest intraday level as of Nov. 25. Holiday sales reports that were disappointing from JCPenney and Kohl’s also put pressure on the...
Global payment services firm Western Union is partnering with Du Xiaoman Financial (formerly FinTech Baidu Finance) to roll out real-time international money transfers to more Chinese bank accounts, the companies announced on Friday (Jan. 10). Get the Full Story Complete the form to unlock this...
Creative destruction eradicates some business models and reformulates others. For example, merchant services providers (MSPs) have long supplied credit card processing for retailers as their central offering. They didn’t need to go much beyond that to be helpful or profitable, and many didn’t. But with...
B2B technology startups continue to gain valuable attention among venture capitalists. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
Though the middle market might have more resources than small businesses, many firms in this category are only just beginning their digitization journeys. As these businesses migrate to the cloud and upgrade their back-office systems, their service providers are tasked with finding the middle ground...
Few small businesses (SMBs) are immune to the risk of delayed and late payments. With payment terms an age-old practice in B2B trade, ensuring trust between a buyer and supplier is essential for small vendors that provide goods and services — in the hope that...
FlixMobility, a German transport app, on Thursday reported a 37% increase in passenger travel in 2019. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Grubhub is denying rumors that the food delivery startup is on the chopping block or considering an acquisition, triggering a 6.7 percent drop in share prices, according to reports on Thursday (Jan. 9). Get the Full Story Complete the form to unlock this article and...
